Ex-Fisher Employees Settle in Arbitration

Law360, New York (June 20, 2007, 12:00 AM EDT) -- Prominent fund Fisher Investments has secured promises from several former employees accused of breaching confidentiality agreements that they would cease to use or divulge private information about Fisher Investments clients.

The Woodside, Calif.-based global money management firm founded and run by famed investor and columnist Kenneth L. Fisher announced Wednesday that it had settled four arbitration proceedings with former employees alleged to have shown private, password-protected personal information about Fisher Investments clients to other employees at a rival brokerage.

The settlements entailed the agreements to cease...
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